LS9: 50 Hottest Companies in Bioenergy candidate profile
LS9
Based in: California
2008-09 ranking: 25
Business: Production of UltraClean™ Diesel, other UltraClean™ Fuels, and high-value chemicals. LS9 has a microbial, fermentation-based process that enables the cost effective conversion of renewable plant biomass into advanced biofuels that are drop-in compatible with the existing infrastructure. The same technology platform enables the production of a diversity of high-value chemicals.
Model: Owner-operator and licensor-partner.
Past milestones:
1) Entered into a strategic partnership with Procter & Gamble to support the joint development and commercialization of LS9 technology to produce key chemicals used within the P&G portfolio of consumer chemicals
2) Secured significant equity investment from Chevron Technology Ventures
3) Announced test results confirming that LS9’s UltraClean™ Diesel meets or exceeds ASTM standards for use on U.S roads and ANP specifications for use on Brazilian roads
Future milestones:
1) Demonstration scale production of renewable transportation fuels
2) Another strategic partnership agreement
3) Significant scale-up of high-value chemicals production
Metrics: LS9’s process affects a high carbon footprint reduction when compared to conventional petroleum based-production processes –in most cases yielding reductions of 85% LS9’s proprietary 1-step process offers 90% energetic yield
LS9 quotable quotes: “LS9’s 1-step technology, compared to competitors’ multi-step processing technology, is highly cost competitive. LS9’s technology platform supports cost effective production of both clean transportation fuels and renewable chemicals. LS9’s technology is feedstock agnostic – thereby, making it well positioned to quickly incorporate cellulosic-based feedstocks when those technologies come on-line.”
The Hot 50 for 2009-10 will be released Tuesday, 12/1. Between now and then, you’ll see profiles of potential candidates in the Digest, and you’ll have a chance to vote for your favorites. Reader response will count for 50 percent of a company’s overall score in the preparation of the rankings. The remaining 50 percent is voted by a panel of experts.
Information on registering your company for the “50 Hottest Companies in Bioenergy” rankings is here. While registration is not required, completing the candidate profile allows companies to augment information provided to the panel of selectors – registration form materials are also used to create candidate profiles that are published daily in Biofuels Digest.
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